Some lenders worry that additional loans need the extra security of a Chapter 11 filing, which would give them a priority over other creditors in a liquidation proceeding.
32.
The parent company in Hong Kong announced Monday it had begun liquidation proceedings after Zurich Centre Investments withdrew from a life-saving bridge loan plan over the weekend.
33.
After the reorganization was converted to a bankruptcy liquidation proceeding, Hartford sought to collect the premiums from collateral held by Hen House's lender, Magna Bank.
34.
Then on April 1, 2003, the Belgrade city commercial court started liquidation proceedings against " Nacional "'s publisher in Belgrade, Info Orfej.
35.
Giving regulators the legal power to institute liquidation proceedings against failing thrifts is important because financial institutions in Japan generally try to stay in business no matter how desperate their condition.
36.
However, the large number of claims denied in several recent high-profile SIPC liquidation proceedings have raised concerns that SIPC policies may unduly limit the actual protection afforded customers.
37.
With Confederation Life's assets spread between Canada, the United States and Britain, insurance company analysts said they knew of no precedent to determine how the liquidation proceedings would go.
38.
If the airline does not get the relief it is seeking, it will be forced to begin liquidation proceedings in mid-January, said Brian Leitch, the airline's lawyer.
39.
Prior to their insolvency and liquidation proceedings, 2Clix management created a new company called Platinum One, intending to relaunch the same 2Clix software, rebranding it " Platinum One ".
40.
In its response papers, W . R . Lazard said the liquidation proceeding should be thrown out because the petitioners " have unclean hands " and the company is paying its bills.
